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Job/hobbies : Irrationality Exterminator
Humor : Über Serious
|Subject: 17 Years Later, Microsoft Corp. Is Worth $500 Billion Again! Sun Jan 29, 2017 7:54 pm|| |
|Microsoft (NASDAQ: MSFT) is putting some pep back in its step these days. On Friday, Reuters pointed out that the software giant's market cap has risen above $500 billion for the first time since March 2000.|
I'm all for celebrating neat milestones, including this 17-year benchmark. And it's no secret that Microsoft really is doing a lot of things right these days. Large-cap stocks don't post market-crushing 55% returns in two years for no reason.
That being said, I would like to argue that the Microsoft you see today is miles removed from the $500 billion beast you knew 17 years ago.
Horace Chow, Microsoft's general manager of Hong Kong operations, illustrating "transformation" on stage.
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